ForexFin

Forex Concepts

Short, plain-English explanations of the things every retail trader needs to know — each linked to the calculator that lets you put the concept into practice.

Core concepts
What is a pip?

The smallest standard price move in forex. What it's worth, why JPY pairs are different, and how to compute pip value for any position.

What is leverage?

Why a 30:1 broker lets you control €30,000 with €1,000 — and why that's a magnifier on losses, not just gains.

What is a margin call?

When the broker auto-closes your trades, why it happens to almost every new trader once, and how to keep it from happening to you.

Seen the theory? Check it against your own trades.

Import your trade history and the journal scores every trade in R, shows your average R by entry reason, and flags revenge re-entries and size creep on Trader. Free to start, no card.

Check the analytics